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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?


To: Lamont who wrote (2501)2/2/1998 4:38:00 PM
From: bill718  Read Replies (3) | Respond to of 4718
 
I'm still HOLDING here Lamont.

.25, or .45 won't matter much when this flies IMO, and I think it is being driven down to present levels for accumulation. This is not xmas time when a pull-back is imminent, but rather a very significant time when good news or significant buying could suddenly come on very strong at any moment driving the price up rapidly above .40. It should not be dropping (unless it is being driven down) with all the positive info flowing out of Indo.

Here is more optimistic info to ponder while we wait:

The Globe and Mail reports in its Monday, February 2, edition that Barrick Gold chairman Peter Munk got part of what he wanted from his weekend appearance at the World Economic Forum when he drew a reassurance from the governor of the Bank of France that the world's third largest holder of gold doesn't plan to sell any of its holdings.

Regards,
Wayne